System and Method for Facilitating a Wireless Financial Transaction

1. An apparatus, comprising: at least one processor; and at least one memory device electronically coupled to the at least one processor, wherein the memory device stores instructions which, when executed by the at least one processor, direct the at least one processor to: determine that a location of a mobile device is within an approved trading area, wherein a user of the mobile device is permitted to execute trades of financial instruments via the mobile device when the mobile device is used by the user within approved trading areas, wherein the user is prohibited from executing trades of financial instruments via the mobile device when the mobile device is used by the user within unapproved trading areas, and wherein the apparatus is operable to communicate with the mobile device via a wireless communications network; receive from the user via the mobile device, while the location of the mobile device is within the approved trading area, a request to execute a trade of a financial instrument; and based at least in part on determining that the location of the mobile device is within the approved trading area, execute the trade of the financial instrument; subsequent to determining that the location of the mobile device is within the approved trading area, determine that a location of the mobile device is within an unapproved trading area; receive from the user via the mobile device, while the location of the mobile device is within the unapproved trading area, a request to execute another trade of the financial instrument; and based at least in part on determining that the location of the mobile device is within the unapproved trading area, not execute the another trade of the financial instrument.

2. The apparatus of claim 1 , wherein the mobile device comprises at least one of: a personal data assistant, a laptop, a mobile station, a personal computer (PC), a mobile phone, a handheld device, and a table PC.

3. The apparatus of claim 1 , wherein the approved trading area and the another approved trading area have different physical boundaries.

4. The apparatus of claim 1 , wherein the instructions, when executed by the at least one processor, further direct the at least one processor to: receive from the mobile device keystrokes entered by the user; and record the keystrokes.

5. The apparatus of claim 1 , wherein the instructions, when executed by the at least one processor, further direct the at least one processor to: in response to a command from an administrator, send a kill message to the mobile device, wherein the kill message causes the mobile device to be disabled.

6. The apparatus of claim 5 , wherein the kill message further causes the mobile device to remove at least a portion of data being stored on or displayed by the mobile device.

7. The apparatus of claim 1 , wherein the instructions, when executed by the at least one processor, further direct the at least one processor to receive from the mobile device information related to the location of the mobile device; and wherein to determine that the location of the mobile device is within the approved trading area comprises to determine that the location of the mobile device is within the approved trading area based at least in part on the information received from the mobile device.

8. The apparatus of claim 7 , wherein the information received from the mobile device is determined by the mobile device through a use of triangulation.

9. The apparatus of claim 7 , wherein the information received from the mobile device comprises information indicative of at least one of: a portion of the wireless communications network being accessed by the mobile device, and a component of the wireless communications network being accessed by the mobile device.

10. The apparatus of claim 1 , wherein to determine that the location of the mobile device is within the approved trading area comprises to determine the location of the mobile device through a use of triangulation.

11. The apparatus of claim 10 , wherein to determine that the location of the mobile device is within the approved trading area further comprises to determine the location of the mobile device through a use of a geographic map.

12. The apparatus of claim 1 , wherein the at least one memory device is operable to store a profile associated with the user of the mobile device.

13. The apparatus of claim 12 , wherein the profile includes at least one of: account information associated with the user, an asset position associated with the user, and personal identification information associated with the user.

14. The apparatus of claim 1 , wherein the instructions, when executed by the at least one processor, further direct the at least one processor to: receive from a financial exchange real-time pricing data related to the financial instrument; and display the pricing data to the user via the mobile device.

15. The apparatus of claim 1 , wherein the instructions, when executed by the at least one processor, further direct the at least one processor to: based on at least one of: a) an ID associated with the mobile device; b) a system ID; c) an application ID; d) a tradedesk verification mechanism; e) an ID associated with the user; f) a picture ID associated with the user; g) at least one biometric parameter associated with the user; and h) a password associated with the user: determine that the user is authorized to execute trades of financial instruments; and wherein to execute the trade of the financial instrument further comprises to execute the trade based at least in part on determining that the user is authorized to execute trades of financial instruments.

16. The apparatus of claim 1 , wherein the financial instrument comprises at least one of: a security, a fixed income security, a stock, a commodity, a derivative, and a futures contract.

17. The apparatus of claim 1 , wherein the mobile device is operable to determine that the mobile device moved from within the approved trading area to within the unapproved trading area; and wherein to determine that the location of the mobile device is within the unapproved trading area comprises making the determination based on the mobile device determining that the mobile device moved from within the approved trading area to within the unapproved trading area.

18. The apparatus of claim 17 , wherein the mobile device comprises a sensor operable to detect movement of the mobile device to a position external to the approved trading area, the position being within the unapproved trading area.

19. The apparatus of claim 18 , wherein the sensor comprises a radio frequency identification sensor.

20. The apparatus of claim 17 , wherein the mobile device is operable to use geo-fencing to determine that the mobile device moved from within the approved trading area to within the unapproved trading area.

21. The apparatus of claim 1 , wherein the instructions, when executed by the at least one processor, further direct the at least one processor to: prior to executing the trade of the financial instrument cause a voice connection to be established with the user via the mobile device in order to confirm an identity of the user and to confirm that the user made the request to execute the trade of the financial instrument.

22. The apparatus of claim 1 , wherein to determine that the location of the mobile device is within the approved trading area comprises to receive from the mobile device an indication that the mobile device is within the approved trading area.

23. The apparatus of claim 1 , wherein the instructions, when executed by the at least one processor, further direct the at least one processor to: communicate trading information to the mobile device.

24. The apparatus of claim 23 , wherein the instructions, when executed by the at least one processor, further direct the at least one processor to: based at least in part on determining that the location of the mobile device is within the unapproved trading area, terminate communication of the trading information to the mobile device.

25. The apparatus of claim 24 , wherein the mobile device is operable to determine that the mobile device moved from within the approved trading area to within the unapproved trading area; and wherein to determine that the location of the mobile device is within the unapproved trading area comprises making the determination based on the mobile device determining that the mobile device moved from within the approved trading area to within the unapproved trading area.

26. The apparatus of claim 25 , wherein the mobile device comprises a radio frequency identification sensor operable to detect movement of the mobile device to a position external to the approved trading area, the position being within the unapproved trading area.

27. The apparatus of claim 25 , wherein the mobile device is operable to use geo-fencing to determine that the mobile device moved from within the approved trading area to within the unapproved trading area.

28. The apparatus of claim 23 , wherein the instructions, when executed by the at least one processor, further direct the at least one processor to: based at least in part on determining that the location of the mobile device is within the unapproved trading area, suspend communication of the trading information to the mobile device.

29. The apparatus of claim 28 , wherein the instructions, when executed by the at least one processor, further direct the at least one processor to: subsequent to determining that the location of the mobile device is within the unapproved trading area, determine that a location of the mobile device is within another approved trading area; and based at least in part on determining that the location of the mobile device is within the another approved trading area, resume communication of the trading information to the mobile device.

30. The apparatus of claim 28 , wherein the mobile device is operable to determine that the mobile device moved from within the approved trading area to within the unapproved trading area; and wherein to determine that the location of the mobile device is within the unapproved trading area comprises making the determination based on the mobile device determining that the mobile device moved from within the approved trading area to within the unapproved trading area.

31. The apparatus of claim 30 , wherein the mobile device comprises a radio frequency identification sensor operable to detect movement of the mobile device to a position external to the approved trading area, the position being within the unapproved trading area.

32. The apparatus of claim 30 , wherein the mobile device is operable to use geo-fencing to determine that the mobile device moved from within the approved trading area to within the unapproved trading area.

33. A method, comprising: determining, by at least one server, that a location of a mobile device is within an approved trading area, wherein a user of the mobile device is permitted to execute trades of financial instruments via the mobile device when the mobile device is used by the user within approved trading areas, wherein the user is prohibited from executing trades of financial instruments via the mobile device when the mobile device is used by the user within unapproved trading areas, and wherein the at least one server is communicating with the mobile device via a wireless communications network; receiving, by the at least one server, from the user via the mobile device, while the location of the mobile device is within the approved trading area, a request to execute a trade of a financial instrument; executing, by the at least one server, the trade of the financial instrument based at least in part on determining that the location of the mobile device is within the approved trading area; determining, by the at least one server, that a location of the mobile device is within an unapproved trading area subsequent to determining that the location of the mobile device is within the approved trading area; receiving, by the at least one server, from the user via the mobile device, while the location of the mobile device is within the unapproved trading area, a request to execute another trade of the financial instrument; and not executing, by the at least one server, the another trade of the financial instrument based at least in part on determining that the location of the mobile device is within the unapproved trading area.

34. The method of claim 33 , further comprising: sending, by the at least one server, a kill message to the mobile device in response to a command from an administrator, wherein the kill message causes the mobile device to be disabled.

35. The method of claim 34 , wherein the kill message further causes the mobile device to remove at least a portion of data being stored on or displayed by the mobile device.

36. The method of claim 33 , wherein determining that the location of the mobile device is within the approved trading area comprises determining the location of the mobile device through a use of a geographic map.

37. The method of claim 33 , further comprising: receiving, by the at least one server, from a financial exchange real-time pricing data related to the financial instrument; and displaying, by the at least one server, the pricing data to the user via the mobile device.

38. The method of claim 33 , wherein the method further comprises: based on at least one of: a) an ID associated with the mobile device; b) a system ID; c) an application ID; d) a tradedesk verification mechanism; e) an ID associated with the user; f) a picture ID associated with the user; g) at least one biometric parameter associated with the user; and h) a password associated with the user: determining, by the at least one server, that the user is authorized to execute trades of financial instruments; and wherein executing the trade of the financial instrument further comprises executing the trade based at least in part on determining that the user is authorized to execute trades of financial instruments.

39. The method of claim 33 , wherein the mobile device is operable to determine that the mobile device moved from within the approved trading area to within the unapproved trading area; and wherein determining that the location of the mobile device is within the unapproved trading area comprises making the determination based on the mobile device determining that the mobile device moved from within the approved trading area to within the unapproved trading area.

40. The method of claim 39 , wherein the mobile device comprises a radio frequency identification sensor operable to detect movement of the mobile device to a position external to the approved trading area, the position being within the unapproved trading area.

41. The method of claim 33 , further comprising: prior to executing the trade of the financial instrument, causing, by the at least one server, a voice connection to be established with the user via the mobile device in order to confirm an identity of the user and to confirm that the user made the request to execute the trade of the financial instrument.

42. The method of claim 33 , wherein the method further comprises receiving, by the at least one server, from the mobile device information related to the location of the mobile device; and wherein determining that the location of the mobile device is within the approved trading area comprises determining that the location of the mobile device is within the approved trading area based at least in part on the information received from the mobile device.

43. The method of claim 42 , wherein the information received from the mobile device is determined by the mobile device through a use of triangulation.

44. The method of claim 42 , wherein the information received from the mobile device comprises information indicative of at least one of: a portion of the wireless communications network being accessed by the mobile device, and a component of the wireless communications network being accessed by the mobile device.

45. The method of claim 33 , wherein determining that the location of the mobile device is within the approved trading area comprises receiving from the mobile device an indication that the mobile device is within the approved trading area.

46. The method of claim 33 , further comprising communicating, by the at least one server, trading information to the mobile device.

47. The method of claim 46 , further comprising: based at least in part on determining that the location of the mobile device is within the unapproved trading area, suspending, by the at least one server, communication of the trading information to the mobile device.

48. The method of claim 47 , further comprising: subsequent to determining that the location of the mobile device is within the unapproved trading area, determining, by the at least one server, that a location of the mobile device is within another approved trading area; and based at least in part on determining that the location of the mobile device is within the another approved trading area, resuming, by the at least one server, communication of the trading information to the mobile device.

49. The method of claim 47 , wherein the mobile device is operable to determine that the mobile device moved from within the approved trading area to within the unapproved trading area; and wherein determining that the location of the mobile device is within the unapproved trading area comprises making the determination based on the mobile device determining that the mobile device moved from within the approved trading area to within the unapproved trading area.

50. The method of claim 49 , wherein the mobile device comprises a radio frequency identification sensor operable to detect movement of the mobile device to a position external to the approved trading area, the position being within the unapproved trading area.

51. The method of claim 46 , further comprising: based at least in part on determining that the location of the mobile device is within the unapproved trading area, terminating, by the at least one server, communication of the trading information to the mobile device.

52. The method of claim 51 , wherein the mobile device is operable to determine that the mobile device moved from within the approved trading area to within the unapproved trading area; and wherein determining that the location of the mobile device is within the unapproved trading area comprises making the determination based on the mobile device determining that the mobile device moved from within the approved trading area to within the unapproved trading area.

53. The method of claim 52 , wherein the mobile device comprises a radio frequency identification sensor operable to detect movement of the mobile device to a position external to the approved trading area, the position being within the unapproved trading area.

54. The method of claim 33 , further comprising: receiving, by the at least one server, from the mobile device keystrokes entered by the user at the mobile device; and recording, by the at least one server, the keystrokes.

55. A non-transitory computer readable medium comprising instructions which, when executed by at least one server, direct the at least one server to: determine that a location of a mobile device is within an approved trading area, wherein a user of the mobile device is permitted to execute trades of financial instruments via the mobile device when the mobile device is used by the user within approved trading areas, wherein the user is prohibited from executing trades of financial instruments via the mobile device when the mobile device is used by the user within unapproved trading areas, and wherein the at least one server is operable to communicate with the mobile device via a wireless communications network; receive from the user via the mobile device, while the location of the mobile device is within the approved trading area, a request to execute a trade of a financial instrument; execute the trade of the financial instrument based at least in part on determining that the location of the mobile device is within the approved trading area; determine that a location of the mobile device is within an unapproved trading area subsequent to determining that the location of the mobile device is within the approved trading area; receive from the user via the mobile device, while the location of the mobile device is within the unapproved trading area, a request to execute another trade of the financial instrument; and not execute the another trade of the financial instrument based at least in part on determining that the location of the mobile device is within the unapproved trading area.

56. The computer readable medium of claim 55 , wherein the instructions, when executed by the at least one server, further direct the at least one server to: send a kill message to the mobile device in response to a command from an administrator, wherein the kill message causes the mobile device to be disabled.

57. The computer readable medium of claim 56 , wherein the kill message further causes the mobile device to remove at least a portion of data being stored on or displayed by the mobile device.

58. The computer readable medium of claim 55 , wherein to determine that the location of the mobile device is within the approved trading area comprises to determine the location of the mobile device through a use of a geographic map.

59. The computer readable medium of claim 55 , wherein the instructions, when executed by the at least one server, further direct the at least one server to: receive from a financial exchange real-time pricing data related to the financial instrument; and display the pricing data to the user via the mobile device.

60. The computer readable medium of claim 55 , wherein the instructions, when executed by the at least one server, further direct the at least one server to: based on at least one of: a) an ID associated with the mobile device; b) a system ID; c) an application ID; d) a tradedesk verification mechanism; e) an ID associated with the user; f) a picture ID associated with the user; g) at least one biometric parameter associated with the user; and h) a password associated with the user: determine that the user is authorized to execute trades of financial instruments; and wherein to execute the trade of the financial instrument further comprises to execute the trade based at least in part on determining that the user is authorized to execute trades of financial instruments.

61. The computer readable medium of claim 55 , wherein the mobile device is operable to determine that the mobile device moved from within the approved trading area to within the unapproved trading area; and wherein to determine that the location of the mobile device is within the unapproved trading area comprises making the determination based on the mobile device determining that the mobile device moved from within the approved trading area to within the unapproved trading area.

62. The computer readable medium of claim 61 , wherein the mobile device comprises a radio frequency identification sensor operable to detect movement of the mobile device to a position external to the approved trading area, the position being within the unapproved trading area.

63. The computer readable medium of claim 55 , wherein the instructions, when executed by the at least one server, further direct the at least one server to: prior to executing the trade of the financial instrument cause a voice connection to be established with the user via the mobile device in order to confirm an identity of the user and to confirm that the user made the request to execute the trade of the financial instrument.

64. The computer readable medium of claim 55 , wherein the instructions, when executed by the at least one server, further direct the at least one server to receive from the mobile device information related to the location of the mobile device; and wherein to determine that the location of the mobile device is within the approved trading area comprises to determine that the location of the mobile device is within the approved trading area based at least in part on the information received from the mobile device.

65. The computer readable medium of claim 64 , wherein the information received from the mobile device is determined by the mobile device through a use of triangulation.

66. The computer readable medium of claim 64 , wherein the information received from the mobile device comprises information indicative of at least one of: a portion of the wireless communications network being accessed by the mobile device, and a component of the wireless communications network being accessed by the mobile device.

67. The computer readable medium of claim 55 , wherein to determine that the location of the mobile device is within the approved trading area comprises to receive from the mobile device an indication that the mobile device is within the approved trading area.

68. The computer readable medium of claim 55 , wherein the instructions, when executed by the at least one server, further direct the at least one server to communicate trading information to the mobile device.

69. The computer readable medium of claim 68 , wherein the instructions, when executed by the at least one server, further direct the at least one server to: based at least in part on determining that the location of the mobile device is within the unapproved trading area, suspend communication of the trading information to the mobile device.

70. The computer readable medium of claim 69 , wherein the instructions, when executed by the at least one server, further direct the at least one server to: subsequent to determining that the location of the mobile device is within the unapproved trading area, determine that a location of the mobile device is within another approved trading area; and based at least in part on determining that the location of the mobile device is within the another approved trading area, resume communication of the trading information to the mobile device.

71. The computer readable medium of claim 69 , wherein the mobile device is operable to determine that the mobile device moved from within the approved trading area to within the unapproved trading area; and wherein to determine that the location of the mobile device is within the unapproved trading area comprises making the determination based on the mobile device determining that the mobile device moved from within the approved trading area to within the unapproved trading area.

72. The computer readable medium of claim 71 , wherein the mobile device comprises a radio frequency identification sensor operable to detect movement of the mobile device to a position external to the approved trading area, the position being within the unapproved trading area.

73. The computer readable medium of claim 68 , wherein the instructions, when executed by the at least one server, further direct the at least one server to: subsequent to determining that the location of the mobile device is within the approved trading area, determine that a location of the mobile device is within the unapproved trading area; and based at least in part on determining that the location of the mobile device is within the unapproved trading area, terminate communication of the trading information to the mobile device.

74. The computer readable medium of claim 73 , wherein the mobile device is operable to determine that the mobile device moved from within the approved trading area to within the unapproved trading area; and wherein to determine that the location of the mobile device is within the unapproved trading area comprises making the determination based on the mobile device determining that the mobile device moved from within the approved trading area to within the unapproved trading area.

75. The computer readable medium of claim 74 , wherein the mobile device comprises a radio frequency identification sensor operable to detect movement of the mobile device to a position external to the approved trading area, the position being within the unapproved trading area.

76. The computer readable medium of claim 55 , wherein the instructions, when executed by the at least one server, further direct the at least one server to: receive from the mobile device keystrokes entered by the user at the mobile device; and record the keystrokes.